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3 HR Compliance Changes Effective January 1st That You May Have Missed CLEARVIEW GROUP Keeping your business compliant each year can be tricky with the constantly changing regulations. 2020 is no exception. Here are just a few of the recent changes that should already have been addressed by your HR department or professional in order to keep your company out of potential legal trouble. CVIEWLLC.COM

3 HR Compliance Changes Effective January 1st That You May …€¦ · HR/COMPLIANCE AUDITS The costs of potential Human Resources-related lawsuits, non-compliance penalties, and/or

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3 HR Compliance Changes Effective January 1st That

You May Have Missed

CLEARVIEW GROUP

Keeping your business compliant each year can be tricky with the constantly changing

regulations. 2020 is no exception. Here are just a few of the recent changes that should already

have been addressed by your HR department or professional in order to keep your company out

of potential legal trouble.

CVIEWLLC.COM

New Salary Thresholds for Exempt Employees under the Fair Labor Standards Act

WHAT CHANGED?

On Sep. 24, 2019, the U.S. Department of Labor (DOL) issued

a final rule that sets a new salary threshold of $684 a week

($35,568 annualized) for the Fair Labor Standard Act’s

(FLSA’s) white-collar exemption from overtime pay, effective

Jan. 1, 2020. To find more information visit the following

Department of Labor information sheet on Federal Exempt

v/s Non-Exempt classifications.

WHAT STEPS SHOULD I TAKE?

Your HR department should have identified impacted

employees and made the necessary adjustments by

January 1st. If you haven’t done so already, these changes

should be made as soon as possible. Your HR team should

also note that some states have higher salary thresholds

and/or different tests for exempt employees.

LEARN MORE

HAVE QUESTIONS?

TINA MICELI, SHRM-SCP

DIRECTOR, HR CONSULTING

tel (667) 207-8743

email [email protected]

CLEARVIEW GROUP 2

HR COMPLIANCE CHANGES IN 2020 CVIEWLLC.COM

W-4 2020 Adjustments

WHAT CHANGED?

Effective January 1, 2020 employers must use the newly

designed W-4 for all new hires and current employees

looking to change their federal deductions. Most payroll

platforms will prompt the payroll administrator to verify that

the new 2020 form has been completed.

WHAT STEPS SHOULD I TAKE?

Employers should make sure that new hires and current

employees that would like to make changes to their

deductions fill out the new W-4. Employers and their

staff should refrain from “advising” employee’s on how to

complete their W-4. Employee’s, instead, should be referred

to their accounting or tax professional or various IRS help

tools online.

CLEARVIEW GROUP 3

HR COMPLIANCE CHANGES IN 2020 CVIEWLLC.COM

Employment Eligibility Verification Form (I-9)

WHAT STEPS SHOULD I TAKE?

Employers should begin using this updated form as of

Jan. 31, 2020. The notice provides employers additional

time to make necessary updates and adjust their business

processes. Employers may continue using the prior

version of the form (Rev. 07/17/2017 N) until April 30, 2020.

After that date, they can only use the new form with the

10/21/2019 version date.

I-9 Compliance can be a huge liability issue for many

Employers. There are very specific IRS requirements when

it comes to the completion and retention of the I-9 form.

Clearview Group’s HR consultants can complete an audit

of your I-9’s, let you know where your deficiencies lie and

provide training to your hiring staff on I-9 Compliance and

proper completion and retention of your Employee’s I-9

forms. If you are selected for an audit by the IRS, monetary

fines can be imposed for each violation found.

WHAT CHANGED?

On Jan. 31, 2020, USCIS published the Form I-9 Federal

Register notice announcing a new version of Form I-9,

Employment Eligibility Verification Form. This form is used

to verify the identity and employment authorization of

individuals hired to work in the United States. The new

version contains minor administrative changes to the form

and its instructions. The list of changes to the form can be

found here.

CLEARVIEW GROUP 4

HR COMPLIANCE CHANGES IN 2020 CVIEWLLC.COM

How We Can Help

SPECIAL PROJECTS

Clearview Group’s Human Resources

Consulting practice can augment your

team and/or manage special projects

such as open enrollment, Department

of Labor audits, employee handbook

and policy creation/reviews, workplace

investigations, and HR training and

ongoing support.

HR/COMPLIANCE AUDITS

The costs of potential Human

Resources-related lawsuits, non-

compliance penalties, and/or issues

uncovered during an M&A due

diligence process can be devastating

if an enterprise is not in compliance.

Our team of professionals is available

to perform a compliance audit for your

firm, identifying ways to mitigate risk

and identifying policies and procedures

needed fuel for future growth.

OUTSOURCED HR

Clearview Group’s HR Consulting

practice assists organizations in

focusing on their core business

by providing full HR services to

augment their team. Clearview

Group’s personnel can serve as

your company’s virtual or onsite HR

department for important initiatives

such as recruiting, compliance, employee

relations, compensation benchmarking,

performance issues, culture analysis,

benefits management, etc.

CLEARVIEW GROUP 5

HR COMPLIANCE CHANGES IN 2020 CVIEWLLC.COM

Concerned that you’re not keeping up with compliance requirements?

CALL US AND WE’LL TALK THROUGH HOW WE CAN HELP.

11155 Red Run Boulevard, Suite 410

Owings Mills, MD 21117

TINA MICELI, SHRM-SCPDIRECTOR, HR CONSULTING

tel (667) 207-8743

email [email protected]

ABOUT CLEARVIEW GROUP

Through its member companies – BD & Company, Inc., and Clearview

Consulting, Inc. – Clearview Group provides attest, tax, risk advisory,

business technology, accounting & finance, human resources, and

state & local tax consulting services to domestic and international

clients across many industry verticals. Clearview is one of the fastest

growing CPA and Management consulting firms in the country.

CVIEWLLC.COM